World Business NewsEuropean carmakers brace for EV reckoning amid China price war and US tariffs
Industry leaders warn the decades-long profit boom is ending as Chinese rivals outpace Europe’s giants and cost-cutting becomes unavoidable
World Business NewsIndustry leaders warn the decades-long profit boom is ending as Chinese rivals outpace Europe’s giants and cost-cutting becomes unavoidable
World Business NewsDollar index falls to 97.344 as investors prepare for revisions that could indicate a weaker jobs market, fueling expectations of deeper Fed rate cuts
World Business NewsBrent crude gains 22 cents, or 0.33%, to $66.24, US West Texas Intermediate climbs 24 cents, or 0.39%, to $62.50 a barrel
World Business NewsInvestors mull 50bp cut, look to U.S. CPI, PPI releases for clues
World Business NewsTesla accounted for 38% of August US EV sales; Its July US market share down most since March 2021; Rivals launch new vehicles, offer steep incentives
HeadlinesPakistan’s Punjab faces 20% crop damage, with prices rising by $50 per ton; flooding in India’s Punjab and Haryana also impacts supply, driving price hikes
World Business News8 members of OPEC+ to lift output from October by 137,000 bpd
World Business NewsOutput to rise by 137,000 bpd in Oct, lower than Sept and Aug, as OPEC+ starts surprise unwinding of 1.65 mln bpd cut; Saudi Arabia seeks to regain market share
HeadlinesRevenue plunges 35% as airspace closures, grounded planes and shrinking market share weigh on airline
World Business NewsIndia may build a third, nuclear-powered aircraft carrier, emphasis on drones, widely used in recent conflict with Pakistan
World Business NewsInvestors cautious on dollar amid Trump’s Fed policy interference and tariff uncertainty, says State Street
World Business NewsBrent down 0.3% at $66.77, WTI down 0.3% at $63.29 ahead of OPEC+ talks